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Vertex Launches Advanced Cloud-Based Solution for VAT Compliance

Vertex, Inc., a global provider of tax technology solutions, announced today the availability of the Vertex® Cloud VAT Compliance solution with advanced features that support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST). The solution centralizes and streamlines compliance as companies enter new territories and indirect tax filings become more complex.

“As VAT legislation complicates an already highly-complex economic and regulatory environment, our next-generation solution can help businesses navigate global compliance challenges,” said Vertex CEO David DeStefano. “We are a trusted technology provider with a long history of customer co-innovation that accelerates time-to-value, and leveraged this proven approach to introduce a cloud solution for VAT that supports the digital transformation of tax.”

Source: yahoo.com

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